Union Station

Real estate Ritz-Carlton to return to Seoul, tapped by IGIS Asset for landmark project

IGIS Asset Management Co., South Korea’s leading real estate investment firm, has named The Ritz-Carlton the preferred hotel brand for its amb...

Batteries SK Nexilis gets $133 mn subsidy from Poland

South Korea's SK Nexilis Co., the world’s largest copper foil maker, said on Monday it received a $133 million subsidy from the Polish gover...

Hydrogen economy Hyundai Motor completes mobile hydrogen charging station in Jeju

Hyundai Motor Co. said on Monday that it completed the H Jeju Moving Station, a mobile hydrogen charging facility, at the Carbon-Free Island (CFI) E...

Tech, Media & Telecom SK Telecom upgrades 5G base stations with Samsung

South Korea's SK Telecom Co. said on Monday that it partnered with Samsung Electronics Co. to apply artificial intelligence (AI)-based quality opt...

Tech, Media & Telecom KT applies AIoT video surveillance to EV charging stations

South Korea's KT Corp. said on Monday that it will expand its Artificial Intelligence Internet of Things (AIoT) video surveillance business to elect...

Automobiles Hyundai Motor speeds up hydrogen bus charging business in Korea

South Korea’s Hyundai Motor Co. is set to become the largest shareholder of a local hydrogen-powered-vehicle charging station operator to boos...

Samsung Group Thousands of Samsung Workers Walk Out for Three-Day Strike

Thousands of Samsung Electronics Co. (-0.34% decrease) unionized workers in South Korea walked off job sites Monday as part of a three-day strike, p...

ESG Hyundai Motor to restore forest ecosystem

Hyundai Motor Co. announced on Monday that it signed a memorandum of understanding (MOU) for a Sustainable Forest Ecosystem Restoration Project with...

Business & Politics Naver beleaguered by weak Korean businesses amid Line woes

South Korea’s online giant Naver Corp. is struggling with sluggish core domestic businesses – commerce, search and sports – as Jap...

Business & Politics Korean government vows stern response to Tokyo’s pressure on Naver

The South Korean government said on Monday it will resolutely respond to any “unfair” measures by Tokyo against Naver Corp., which is re...

Batteries LG Energy accelerates EV battery swapping services

Kooroo, the first in-house venture of the world’s second-largest electric vehicle battery maker LG Energy Solution Ltd., said on Tuesday it is...

Energy Taihan Cable wins order for UHV power grid in Egypt

South Korea's Taihan Cable & Solution Co. announced on Thursday that it has won a project for a 500-kilovolt (kV) UHV power grid project commiss...

Labor union Samsung affiliate labor unions tie up amid dim outlook

Samsung Group affiliates’ unionized workers on Monday launched a joint organization to improve their bargaining power in terms of wages and we...

Hydrogen economy SK E&S to strengthen Korea's liquid hydrogen ecosystem

SK E&S Co., an energy unit of South Korean conglomerate SK Group, will cooperate with domestic firms to strengthen the country’s liquid hy...

Electric vehicles Shinsegae I&C to open charging station Spharos EV

South Korea’s Shinsegae I&C Inc. announced on Monday that its electric vehicle (EV) charging service Spharos EV will introduce a total o...

Leadership & Management Cho Yang-rai to fight back in MBK Partners’ bid to acquire Hankook Tire

Cho Yang-rai, honorary chairman of Hankook & Company Co., has vowed to fight MBK Partners Ltd.’s bid to take over the holding company of S...

Mergers & Acquisitions Asiana Airlines to sell cargo business for merger with Korean Air

Asiana Airlines Inc. on Thursday decided to carve out its lucrative cargo business, clearing a major hurdle to its merger with bigger rival Korean A...

Electric vehicles Kia to build 2nd purpose-built vehicle plant in Korea

Kia Corp., South Korea’s second-largest automaker, plans to build another purpose-built vehicle (PBV) factory in the country, despite the risk...

The KED View Five most common frustrations of Korean entrepreneurs

A South Korean company recently gave up on its plan to venture into the burgeoning robot market.Fair-trade regulations that prohibit the creation of...

Automobiles Hyundai Motor, Kia to adopt Tesla’s charging standard for EVs

Hyundai Motor Co. and Kia Corp. have joined Tesla's Supercharger network for electric vehicles (EV).The North American branches of the two South Kor...

Retail Lotte Mart at Seoul Station redesigned to lure foreign shoppers

South Korea’s Lotte Mart reopened its hypermarket at Seoul train station on Thursday following a four-month renovation to attract more foreign...

Electric vehicles Hyundai NEXO retains fuel cell EV leadership; Toyota Mirai follows fast

South Korea’s top automaker Hyundai Motor Co. retained its leadership in the hydrogen fuel cell electric vehicle (FCEV) market in the January-...

Tech, Media & Telecom SK Ecoplant to build data center linked to landing station in Pohang

South Korea's SK Ecoplant is set to establish, for the first time in South Korea, a global data center linked to a landing station in Pohang, North ...

Travel & Leisure Seoul to open hidden space below City Hall subway station

Seoul is set to unveil a secret path below the City Hall subway station to the public for the first time in 40 years as the South Korean capital aim...

Automobiles Hyundai leads Indonesia’s EV push with locally produced IONIQ 5

Hyundai Motor Co. has emerged as Indonesia’s top electric vehicle seller, driven by its locally produced flagship model, the IONIQ 5, as the S...

Electric vehicles Hyundai Motor to self-develop EV chargers to slow Tesla’s ascent

Hyundai Motor Group will develop ultra-fast electric vehicle chargers with its proprietary technology to catch up to the world’s No. 1 EV make...

Batteries S.Korean battery trio face union risk in US after Ultium Cells’ wage deal

South Korean electric vehicle battery majors’ plan to run more than 10 EV battery manufacturing plants in the US may hit a snag due to the loo...

Healthcare Hyundai Department Store, Nestlé forge dietary supplement alliance

Hyundai Department Store Group has chosen multinational food giant Nestlé S.A. as a partner in its long-term drive to expand its bio and heal...

Automobiles Hyundai, KTC jointly open EV charging quality assurance center

Hyundai Motor Group announced on Monday that it held an opening ceremony for the Electric Vehicle Charging Infrastructure Quality Verification Cente...

Energy SK Energy, SK REIT to establish complex energy platforms

South Korea's SK Energy announced on Wednesday its partnership with Clean Energy REIT, a real estate subsidiary of SK REIT, to embark on the SK Eco-...